Jonathan Keypour News Today

Celsius shares closed Tuesday down 12.8% following reports that new Nielsen data shows the company's sales growth and market share declined in recent weeks. Morgan Stanley analyst Dara Mohsenian reportedly said the data showed that Celsius' sales growth slowed to 39% for the week ended May 18.

Shares of energy drink company Celsius (NASDAQ:CELH) jumped 14% in the morning session after the company reported fourth-quarter results that blew past analysts' revenue and adjusted EBITDA expectations. Notably, topline growth was strong as revenue grew 95% year on year, driven mostly by North American revenue (up 97% year on year). Management noted that the North American business was led by expansion in distribution points and higher SKUs per location. International revenue also came in ...

Celsius shares are trading higher Monday, bouncing back after falling more than 12% on Friday. The company announced an expansion to Canada, the U.K. and Ireland this week.

BofA Securities downgrades Celsius Holdings to Neutral, citing unexpected market share declines and heightened competition. Despite strong U.S. sales and potential, concerns arise about the impact of rival brands like Monster Beverage and Red Bull, posing challenges to Celsius' growth in 2024.

One analyst still sees upside but is less bullish than he once was.

BofA Securities analyst Jonathan Keypour downgraded Celsius Holdings, Inc. CELH to Neutral from Buy, maintaining the forecast at $65. With the company’s…

Shares of energy drink company Celsius (NASDAQ:CELH) fell 7.6% in the morning session after Bank of America analyst Jonathan Keypour downgraded the stock's rating from Buy to Neutral. The analyst cited the potential for increased competition as the company tries to expand product visibility via shelf expansion. He added, "We still see strong sales and EBITDA potential, but wait for stronger velocity to signal a resumption of momentum in market share gains."

One analyst still sees upside but is less bullish than he once was.

Celsius Holdings (NASDAQ:CELH) jumped Wednesday following a strong earnings report. Celsius posted 40 cents in earnings per share for the first quarter, more than doubling the 19-cent consensus estimate of analysts polled by StreetAccount. Revenue also ...

Celsius Holdings (NASDAQ:CELH) jumped Wednesday following a strong earnings report. Celsius posted 40 cents in earnings per share for the first quarter, more than doubling the 19-cent consensus estimate of analysts polled by StreetAccount. Revenue also ...